Emerson was struggling with a growing pipeline and traditional deal management tools were not facilitating growth.
It was hard for team members to stay aligned to the bigger picture when hours were being wasted on tracking endless diligence spreadsheets. Juggling multiple deals at once meant deal fatigue and redundancy.
They wanted a better, more efficient way to communicate, store and share documents, and stay on target.
DealRoom’s prioritized backlog feature in the platform addressed the confusion surrounding the highest priorities.
Emerson could move away from email communication. Consolidating everything into the platform helped ensure important questions and updates never get missed during diligence.
Progress was updated in real-time, and security measures ensured their data was safe and trackable.
DealRoom helped Emerson save time.
No more hours wasted following up on requests, backtracking through spreadsheets and email threads, or updating trackers.
Communication is clear and easy.
All of these tools combined ensured an efficient, streamlined process which means less time spent in trackers and more time spent on actual diligence.